Get ready to see a LOT more from the giant HomeAway.
Vacation Rental Site Raises $250 Million - Bits Blog - NYTimes.com: "To make the investment worthwhile for the venture capitalists, HomeAway will have to eventually sell itself for a high price or raise a lot of money in the public markets. “Everybody believes that’s very doable,” Mr. Sharples said. The company has lots of room to grow, he said — there are between 3 million and 4 million homes for rent in the United States and Europe, and HomeAway lists only 325,000 of them. The vacation rental marketplace in the United States is valued at $24 billion, according to travel industry research firm PhoCusWright, and the market in Western Europe is about the same size, according to research firm Illuminas."
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